Transaction Obligor definition

Transaction Obligor means an Obligor, an Approved Manager which is a member of the Group or any other person, except a Finance Party who executes a Finance Document.

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Transaction Obligor means an Obligor, the Shareholder, any Approved Manager who is a member of the Group or any other member of the Group who executes a Transaction Document.

Transaction Obligor means a Borrower, the Guarantor, a Shareholder, any Approved Manager who is a member of the Group or any other member of the Group who executes a Transaction Document.

Examples of Transaction Obligor in a sentence

Any settlement or discharge under any Finance Document between any Finance Party and any Transaction Obligor or any Approved Manager (as the case may be) shall be conditional upon no security or payment to any Finance Party by any Transaction Obligor or Approved Manager (as the case may be) or any other person being set aside, adjusted or ordered to be repaid, whether under any insolvency law or otherwise.
Neither any Transaction Obligor nor any Approved Manager may assign any of its rights or transfer any of its rights or obligations under the Finance Documents to which it is a party.
Any Transaction Obligor or an Approved Manager suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business.
Any release will not affect the obligations of any other Transaction Obligor or an Approved Manager (as the case may be) under the Finance Documents to which it is a party.
A Transaction Obligor or an Approved Manager does not comply with any provision of the Finance Documents to which it is a party (other than those referred to in Clause 27.2 (Non-payment) and Clause 27.3 (Specific obligations)).

More Definitions of Transaction Obligor

Transaction Obligor means an Obligor, any Approved Manager or any other person who executes a Transaction Document.

Transaction Obligor means each Obligor, any Vessel Manager that is a member of the Group or any other member of the Group who executes a Loan Document;

Transaction Obligor means an Obligor and the Shareholder.

Transaction Obligor means the borrower of any Transaction Advance.

Transaction Obligor means each Obligor, each Bareboat Charterer, any Approved Technical Manager who is a member of the Group or any other member of the Group who executes a Transaction Document.

Transaction Obligor means each of:

Transaction Obligor means any person that is a party to a Finance Document (other than a Finance Party).